Personal Loan Eligibility Calculator

Digital computation system that allows a borrower to project how much the monthly payment will be on a loan and how long it will take to repay the borrowed amount. A loan calculator factors in the repayment of interest and principal on the loan to determine how long it will take to pay off. This is a good tool for potential borrower to use to see if they will be able to afford the monthly payment on the loan. To receive the most accurate number, a borrower would have to ask the lender for the interest rate that they qualify for.

In Personal Loan Eligibility calculator you can easily determine the amount you are eligible for and the tenure you are looking at .Our Personal Loan Eligibility Calculator will help you to quickly determine the monthly installments you are likely to pay on repayment of your Personal Loan. This is a unique Eligibility Calculator where you can not only find your Eligibility but can also evaluate yourself the total interest payable at the end of the Loan tenure. This is nothing but amortization chart where it shows the amount of principal and the amount of interest that comprise each payment (EMI).

Personal Loan EMI is the amount paid every month to the lending institute towards the repayment of the Personal taken for personal use. Our Personal Loan Eligibility Calculator will help you to know exactly how much amount you will have to assign every month from your income for the payment of the installment.

A Personal Loan is a loan which is usually taken in order to meet personal expenses like house renovation, family vacations, marriage and others. This type of loan is unsecured and lasts for a short period of time. It is a calculator used to calculate the amount of monthly installment, which needs to be paid. You can use Personal Loan Eligibility Calculator to arrive at the EMI you are comfortable with. The calculator helps you to plan your borrowings and loan payments as per your requirements.

In Personal Loan Eligibility Calculator you can evaluate by entering only basic values such as your salary, existing loan (if any) tenure etc.

If you are not satisfied with the calculator output please call us for a personalized solution for your requirement.

Important information

All applications for credit are subject to Banks normal credit approval criteria. Terms and conditions are available on application of every bank in which loan will be applied.

This is an estimate and it is provided for illustrative purposes only and is based on the accuracy of information provided. It does not constitute a quote. To apply for a loan you must complete an application.

The repayment amount and total interest payable excludes Processing fees and Mortgage Insurance / Life Insurance.

If a Variable Rate Loan is selected, the interest rate will be subject to market change throughout the term of the Loan.

Results are based on amortised scheduled repayments and, once any discount or fixed rate period expires, the current variable rate or the variable rate is applied for the remainder of the loan term (unless another fixed rate period is taken).

Creative Finserve will not store the information provided in this calculator.